Vacant Office Condo
For Sale
$648,000
4732 Eagleridge Cir, Pueblo, CO 81008
Vacant 2,700-square-foot office condominium with a functional layout for immediate occupancy.
Property Size2,700 SF
Price / SF$240
Days on Market68
Property Features for 4732 Eagleridge Cir
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Building Size
2,700 SF
Listing Agency:
Thrive Commercial Partners
Listed By:
Annkelly Cameron
Source:
Commercialcafe
Added: Jul 3
Changed: Sep 8
Last Checked: Sep 8 at 8:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thrive Commercial Partners
Investment Insights
Based on property information with market context.
Offered for sale is a vacant 2,700-square-foot office condominium. The space is laid out to support a professional office environment and is positioned for immediate occupancy, which can benefit owner-users who want to move in without delay.
The property is conveniently located with close proximity to I-25, providing easy connectivity throughout Pueblo and the surrounding region.
The condo’s available condition and flexible suitability make it practical for office and professional service uses, including medical-related applications, subject to applicable requirements.
The property is conveniently located with close proximity to I-25, providing easy connectivity throughout Pueblo and the surrounding region.
The condo’s available condition and flexible suitability make it practical for office and professional service uses, including medical-related applications, subject to applicable requirements.
Key Highlights
- Vacant 2,700‑square‑foot office condominium in Pueblo, Colorado
- Functional layout designed for office, professional service, or medical‑related uses
- Available for immediate occupancy (owner‑user or business use)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,585
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$591,700
$591.7K
Cap Rate 7%
$422,643
$422.6K
Cap Rate 9%
$328,722
$328.7K
Market Conditions
NOI Build-Up for 2,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$40.5K $15.00/SF
− Vacancy
−$1.1K −$0.39/SF
EGI
$39.4K $14.61/SF
− OpEx
−$9.9K −$3.65/SF
NOI
$29.6K $10.96/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$591,700
Cap Rate 7%
$422,643
Cap Rate 9%
$328,722
Alternative Uses
Best Use
Office B
$422.6K
$369.8K – $493.1K
NOI $29,585 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$562.6K
$492.3K – $656.4K
NOI $39,384 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 81008, CO
11,868
Population
5,302
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
102.2 sq mi
ZIP Area
116
Density / Sq Mi
$68,389
Median Household Income
$45,445
Median Earnings
$1,396
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Vacant 2,700-square-foot office condominium with a functional layout for immediate occupancy.
Where is this office units located?
The property is located at 4732 Eagleridge Cir Pueblo, CO.
What is the asking price?
The asking price for this property is $648,000.
What are key features of this property?
This property features: Vacant 2,700‑square‑foot office condominium in Pueblo, Colorado; Functional layout designed for office, professional service, or medical‑related uses; Available for immediate occupancy (owner‑user or business use)
